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How to tell if your tax disc is worth anything

With a total of 1.7 billion tax discs issued since 1921, not all are worth big money.

It's only those published during certain periods or with slight errors that are raking in cash for their owners.

In August 2014, the DVLA ran out of perforated paper - the special material used to print tax discs on. It meant for the next two months, until they ceased production entirely, people would receive non-perforated tax discs, which they'd have to cut out themselves.

Today, these 'limited edition' discs are considered rare and experts reckon they'll accrue the most in value in the long term.

The better condition they're in, the more they're worth.

In 1954, the government reprinted tax discs with new designs, but mistakenly stamped "1953" on them.

Instead of recalling them, they overwrote some of them with "1954", rendering them highly collectible now, according to British Tax Discs.

Collectors also tend to get excited about the first and last items made, so if your oldest or most recent tax disc is collecting dust somewhere, it may be time you traded it in for cash.

Rachel said: "In particular, the first discs that were produced in 1921 had to be handed in once they had expired in exchange for a new one so, there are very few of these in circulation, which increases their collectability.

"Other more unusual discs include special variations for vehicles being used during the war effort as they had War Service printed on them."

Regardless of the year, tax discs which have their sleevage intact (the paper that surrounds the disc) are also more collectable, according to the tax disc expert.

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